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Zacks Investment Research issued a report on Veeva Systems Inc (NYSE:VEEV), bumping up its price target to $52.00 earlier today

Reporting a potential upside of 0.09%, Zacks Investment Research raised the target price of Veeva Systems Inc (NYSE:VEEV) to $52.00

Previously on 11/24/2016, Canaccord reported about Veeva Systems Inc (NYSE:VEEV) raised the target price from $46.00 to $48.00. At the time, this indicated a possible upside of 0.04%.

Yesterday Veeva Systems Inc (NYSE:VEEV) traded 2.20% higher at $47.51. The company’s 50-day moving average is $39.68 and its 200-day moving average is $37.51. The last stock close price is up 26.26% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. Volume of trade was up over the average, with 2,241,674 shares of VEEV changing hands over the typical 1,404,140

Performance Chart

Veeva Systems Inc (NYSE:VEEV)

With a total market value of $0, Veeva Systems Inc has price-earnings ratio of 105.24 with a one year low of $19.97 and a one year high of $47.76 .

A total of 10 equity analysts have released a research note on VEEV. Three equity analysts rating the company a strong buy, five equity analysts rating the company a buy, four equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $31.40.

Brief Synopsis About Veeva Systems Inc (NYSE:VEEV)

Veeva Systems Inc. (Veeva) is a provider of cloud-based software solutions for the global life sciences industry. The Company offers solutions for a range of requirements within life sciences companies, including multichannel customer relationship management, regulated content and information management, master data management and customer data. The Company offers solutions to areas, including the Veeva CRM family of applications for multichannel customer relationship management to enable coordinated and personalized customer engagement through multiple touch points; Veeva Vault for regulated content management and information management solutions to enable the management of content-centric processes; the Veeva Network master data management solutions for the management of customer master and product master data, and Veeva's data and data services offerings, including Veeva OpenData for customer reference data and Veeva KOL Data for data.

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